• 11/26/2024

Gold Prices Slip But Keep Close to Record Highs on Rate-Cut Hopes

Wall Street Journal

Gold futures slipped but kept close to the all-time high set on Aug. 20, and BMI expects prices to remain elevated as geopolitical uncertainties continue to benefit the bullion, while Fed rate cuts and a weaker U.S. dollar lend further support.

https://www.wsj.com/articles/gold-edges-lower-amid-prospects-of-weaker-china-demand-a9bddc9f